Sugar Awaiting Loading at Brazil’s Ports Fell 12% in Past Week
The amount of sugar awaiting loading at ports in top producer Brazil fell 12 percent in a week, according to Williams Servicos Maritimos Ltda.
Sugar waiting to be loaded onto ships at Recife, Maceio, Paranagua and Santos, the country’s biggest port, totaled 1.04 million tons, figures e-mailed yesterday from the Recife, Brazil-based shipping agency showed. That compares with about 1.18 million tons a week earlier.
Raw sugar for delivery in July fell 0.5 percent to 16.86 cents a pound by 9:33 a.m. on ICE in New York.
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